Solstad Offshore ASA

LSE:0G2Z Stock Report

Market Cap: kr3.8b

Solstad Offshore Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Lars Solstad

Chief executive officer

kr7.7m

Total compensation

CEO salary percentage75.7%
CEO tenureno data
CEO ownership10.0%
Management average tenure9.3yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Lars Solstad's remuneration changed compared to Solstad Offshore's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

kr285m

Sep 30 2023n/an/a

kr59m

Jun 30 2023n/an/a

-kr242m

Mar 31 2023n/an/a

-kr715m

Dec 31 2022kr8mkr6m

-kr447m

Sep 30 2022n/an/a

-kr1b

Jun 30 2022n/an/a

-kr989m

Mar 31 2022n/an/a

-kr940m

Dec 31 2021kr7mkr5m

-kr1b

Sep 30 2021n/an/a

kr11b

Jun 30 2021n/an/a

kr10b

Mar 31 2021n/an/a

kr9b

Dec 31 2020kr5mkr2m

kr7b

Sep 30 2020n/an/a

-kr5b

Jun 30 2020n/an/a

-kr5b

Mar 31 2020n/an/a

-kr5b

Dec 31 2019kr3mkr2m

-kr3b

Sep 30 2019n/an/a

-kr5b

Jun 30 2019n/an/a

-kr5b

Mar 31 2019n/an/a

-kr6b

Dec 31 2018kr2mkr2m

-kr6b

Sep 30 2018n/an/a

-kr4b

Jun 30 2018n/an/a

-kr3b

Mar 31 2018n/an/a

-kr678m

Dec 31 2017kr3mkr2m

-kr314m

Compensation vs Market: Lars's total compensation ($USD709.07K) is below average for companies of similar size in the UK market ($USD1.04M).

Compensation vs Earnings: Lars's compensation has been consistent with company performance over the past year.

CEO

Lars Solstad

no data

Tenure

kr7,684,000

Compensation

Mr. Lars Peder Solstad serves as Chief Executive Officer of Solstad Offshore ASA and has been its Managing Director since 2002.

Leadership Team

NamePositionTenureCompensationOwnership
Lars Solstad
CEO & MDno datakr7.68m10%
NOK 381.8m
Kjetil Ramstad
Chief Financial Officer3.9yrskr3.84mno data
Tor Tveit
Chief Operating Officer3.3yrskr3.25mno data
Jostein Fjelland
Accounting Manager26.6yrsno datano data
Olaug Hillesland
Administration & Communication Directorno datano datano data
Per Stange
Human Resources Director14.7yrsno datano data
Hans Skar
Chief Commercial Officerno datakr2.72mno data
Leif Stave
Controllerno datano datano data

9.3yrs

Average Tenure

Experienced Management: 0G2Z's management team is seasoned and experienced (9.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Frank Reite
Independent Director7.8yrskr419.00k0.43%
NOK 16.5m
Ellen Solstad
Independent Director4.3yrskr309.00kno data
Harald Espedal
Independent Chairman of the Board6yrskr592.00k0.80%
NOK 30.4m
Peder Sortland
Independent Director3.6yrskr441.00kno data
Ingrid Kylstad
Independent Director3.6yrskr392.00kno data

4.3yrs

Average Tenure

51yo

Average Age

Experienced Board: 0G2Z's board of directors are considered experienced (4.3 years average tenure).

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